Israel is not only targeting Hezbollah leaders and weapons but also its finances, those who run them, and access to foreign currency, piling pressure on its supporters in Lebanon's cash-based economy
While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform
Lebanon's cash economy and money laundering have come under increased scrutiny. The banking sector is under intense pressure to comply or face serious consequences.
A new draft law designed to help reform banking in Lebanon and address distrust in the sector is full of loopholes—handy for those who might benefit. Meanwhile, the conflicts of interest remain.
Apple has clearly succeeded in penetrating traditional banking services, forging a new future for the sector. Al Majalla explains why banks and other financial service providers should be worried.
As seen with Russia, the exclusion from the world monetary system seems to be a favorite choice of western countries to combat hostile powers. In the past months, US, UK and EU announced the removal…
Standard Chartered Bank, a British banking and financial services company founded in 1969, started operation of its first branch in Riyadh, Saudi Arabia, around the middle of last May.
The Saudi…
The US election coincides with an escalating confrontation between Israel and Iran. Both come with global implications, so we combined the two issues for our November Cover Story.
Netanyahu is pushing for a 'New Middle East' that erases Palestine from the map. With Trump in the White House, all bets are off. We must act now before it's too late.
Middle East Airlines (MEA) flights to and from Beirut are ongoing despite Israel's relentless air strikes. Amidst huge losses, MEA bosses know how important it is to stay airborne.
The critics were unimpressed by this sequel, some labelling it a flop. Ignore them. There is a depth to this version, which is true to the original story. Brilliant performances help it on its way